Laundry Cost Index June 2018

04 July 2018

Laundry Cost Index

The June 2018 cost index figures are within the expected range – 4.13% overall increase from June 2017. There are reasonable increases in gas, electricity and diesel balanced however by comparatively stable textile prices with slightly larger weightage assigned in our calculations. We schedule to release a revised version of LCI with the label Textile Services Cost Index (TSCI) from September 2018 release onwards. Although we do not expect changes in weightage and basic principles of the index, TSA are working closely with the LCI committee, Bank of England and Office for National Statistics for effective selection of reliable data series and their application. Please email shyju.skariah@tsa-uk.org if you need any further information or if you would like to suggest options to improve this cost index.